First Bank of Nigeria said it has appealed against the discharge of Mareva order against Global Hydrocarbons, adding that it has also applied for an injunction and/or suspension of the order pending the determination of the appeal. The lender made the declaration in a statement on Sunday, noting that the media reports suggesting that some … Read more
Despite the killing of protesters by law enforcement officials, as well as the arrest and detention of journalists and activists, the Nigerian government says the incumbent Bola Tinubu administration does not abuse human rights. The government was responding to criticisms by the Trade Union Congress in the United Kingdom following the arrest and temporary detention … Read more
The chair of FBN Holdings and majority owner of Geregu Power, Femi Otedola, has joined the circle of prominent Nigerians mustering support for Africa’s most affluent man Aliko Dangote, who has been in conflict with authorities over his new refinery business. Mr Otedola, the strongman of Nigeria’s financial and capital markets, recounted the contributions and … Read more
Geregu Power turned in 148.5 per cent more in net profit for the first half of the year compared to the same period of last year. The company’s position was impacted by increased income from energy sales and, to some extent, capacity charge – the company’s major revenue sources. The feat could mean the synergy … Read more
Temi Otedola secured an ambassadorial deal less than a month after her older sister, Florence Otedola, aka DJ Cuppy, was appointed King’s Trust International Ambassador to the British monarch, King Charles III. Temi, daughter of Nigerian businessman Femi Otedola, was appointed the first-ever Nigerian Digital Brand Ambassador for L’Oréal Paris makeup. Following her appointment, she … Read more
The Supreme Court, on Friday, affirmed five years of jail time for a former federal lawmaker, Farouk Lawan, who was convicted of receiving a $500,000 bribe in 2012 during a legislative probe into the fuel subsidy regime. Upholding the former lawmaker’s conviction, a five-member panel of the court in its unanimous judgement, dismissed his appeal … Read more
On Saturday in Lagos, Kunle Remi and his wife, Boluwatiwi, walked down the aisle for their white wedding, radiating pure elegance and joy. Remi, the groom, looked handsome in a purple blazer and black bow tie over a crisp white shirt. The bride, in her silky off-shoulder dress, glowed with anticipation. Their steps resonated with … Read more
Nigerian actor Kunle Remi and his wife, Boluwatiwi, on Friday tied the knot traditionally in Lagos State. The couple donned traditional attire and exuded regal charm. Actor Remi shared news of their formal engagement on his Instagram page. During the traditional engagement, Tiwi adorned herself with a beautifully tied orange-brown gele, a matching blouse, and … Read more
